Jet Airways gets ₹2,050 crore loan from PNB – Livemint

Jet Airways has foreign currency term loans worth ₹1,100 crore and a non-fund based credit facility of ₹950 crore from PNB.Jet Airways is said to use the PNB loan for paying aircraft rental dues to lessors and salary dues to pilots and employees Read More

reported by Livemint at Livemint.com

IDBI Bank plans to extend CEO Rakesh Sharma’s term by three years – Livemint

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Rakesh Sharma was appointed IDBI Bank CEO for six months in October 2018 to ensure a smooth transfer of majority ownership from the government to LIC.IDBI Bank and LIC, meanwhile, through collective their network, have started leveraging their mutual business… Read More

reported by Livemint at Livemint.com